Bend vs Indianapolis-Carmel-Anderson
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Indianapolis-Carmel-Anderson is 38% cheaper for renters. A 2-bedroom rents for $916/mo vs $1,266/mo in Bend — saving $4,200/year.
Rent by Unit Size
| Unit Size | Bend | Indianapolis-Carmel-Anderson | Difference |
|---|---|---|---|
| Studio | $835 | $568 | $267 |
| 1 Bedroom | $1,054 | $718 | $336 |
| 2 Bedrooms | $1,266 | $916 | $350 |
| 3 Bedrooms | $1,678 | $1,096 | $582 |
| 4 Bedrooms | $1,841 | $1,191 | $650 |
| Median Income | $68,847 | $51,092 | $17,755 |
Bend
- Studio
- $835/mo
- 1 BR
- $1,054/mo
- 2 BR
- $1,266/mo
- 3 BR
- $1,678/mo
- 4 BR
- $1,841/mo
- Median Income
- $68,847/yr
Indianapolis-Carmel-Anderson
- Studio
- $568/mo
- 1 BR
- $718/mo
- 2 BR
- $916/mo
- 3 BR
- $1,096/mo
- 4 BR
- $1,191/mo
- Median Income
- $51,092/yr
Frequently Asked Questions
Is Bend or Indianapolis-Carmel-Anderson cheaper to rent in?
Indianapolis-Carmel-Anderson is cheaper — a 2-bedroom Fair Market Rent is $916/mo vs $1,266/mo in Bend. That's $350/mo or $4,200/year more expensive in Bend (38% higher).
What is the 2-bedroom rent in Bend vs Indianapolis-Carmel-Anderson?
The HUD Fair Market Rent for a 2-bedroom in Bend is $1,266/month. In Indianapolis-Carmel-Anderson, a 2-bedroom FMR is $916/month.
How do incomes compare between Bend and Indianapolis-Carmel-Anderson?
The median household income in Bend is $68,847/year. In Indianapolis-Carmel-Anderson it is $51,092/year. Bend has the higher median income.
What is the studio rent in Bend vs Indianapolis-Carmel-Anderson?
A studio apartment Fair Market Rent in Bend is $835/mo. In Indianapolis-Carmel-Anderson it is $568/mo.